U.S. steel importers are winning most of their requests for tariff exclusions for products which they can’t source domestically, but the process is a baffling “nightmare” according to some companies.
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While the revamped NAFTA gives U.S. farmers greater access to the Canadian dairy market, Ottawa managed to avoid most of Trump’s “poison pills” and secured an exemption from future auto tariffs.
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Following talks that she described as “constructive,” Chrystia Freeland left Washington yesterday without a final deal in sight and no set plans for the next face-to-face meeting with her U.S. counterpart.
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While the Finance Dept. is considering requests for exemption from Ottawa’s retaliatory tariffs, it has yet to announce any remissions, casting doubt on whether applications for relief will be approved.
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U.S. steel producers have objected to 1,600 exemption requests filed with Commerce over the past several months, effectively vetoing waivers for American manufacturers reliant on imported steel.
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